PKR dives to another historic low in early trade, crosses 183/USD

By MG News | March 31, 2022 at 10:02 AM GMT+05:00

0:00

March 31, 2022 (MLN): The ongoing political uncertainty and fear of the unknown have pushed the Pakistani rupee (PKR) towards a fall of a further 96 paisa in early trade, witnessing another historic low.

The dollar was being quoted at 183.40/ 183.60 (10:06 PST) when compared to the previous day’s close of 182.64 against the greenback.

"The uncertainty is damaging to the economy. In case of a no-confidence vote, resignation could follow and the country could be heading for elections," Asad Rizvi, the former Treasury Head at Chase Manhattan said in his early morning tweet.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,344.03 345.79M	1.67% 2144.61
ALLSHR	81,023.99 1,021.87M	1.55% 1236.37
KSE30	39,908.26 141.62M	2.05% 803.27
KMI30	189,535.00 150.29M	1.40% 2619.39
KMIALLSHR	54,783.66 508.76M	1.07% 581.78
BKTi	34,940.73 55.86M	4.37% 1464.05
OGTi	28,296.06 16.02M	1.19% 333.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,290.00	110,105.00 109,205.00	-995.00 -0.90%
BRENT CRUDE	68.57	69.00 68.41	-0.54 -0.78%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	109.20	110.00 108.25	1.70 1.58%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.94	67.50 66.78	-0.51 -0.76%
SUGAR #11 WORLD	15.56	15.97 15.44	-0.14 -0.89%